(HBO) – Hoa Binh province has invested much in industrial parks and clusters in recent years to attract more domestic and foreign investment. It is an important orientation in the province’s economic development strategy. Thanks to such effort, its industrial production reached more than 27.5 trillion VND (1.21 billion USD) last year, up 17.22 percent from the same period last year and 2.5 percent higher than the yearly target.
In the Da River Left-Bank Industrial Park,
more than 650 workers of the R Vietnam Technical Research Co., Ltd were still
busy making lens for export orders on the threshold of the New Year. Last year,
the company produced about 11 million product items and its export turnover reached
nearly 14.5 million USD, a year-on-year increase of 30 percent, despite
difficulties from fluctuations in the global economy.
Aside from the strong growth in export, the
firm has provided jobs for hundreds of locals and given them stable incomes
which averaged 6.5 million VND per person per month, said Nguyen Long, a
manager of the company.
Workers of the R Vietnam Technical Research
Co., Ltd in the Da River Left-Bank Industrial Park are making lens for export.
According the local authority’s report, the
province’s industrial production hit over 27.5 trillion VND in 2017, up 17.22
percent against the same period of the previous year. Its industrial production
index rose by 9.7 percent from 2016. Local industrial and handicraft firms remained
stable production with continued growth of key products, said the province’s
Department of Industry and Trade.
Some major products enjoyed strong growth like commercial electricity (8.01
percent), garment and textile (55.17 percent), brick (26.32 percent), cement
(22.45 percent), electronic products (26 percent), structural steel (18.92
percent), medium-density fibreboard (37.12 percent).
Also, export revenue experienced sound expansion thanks to local efforts to
diversify export markets while maintaining traditional ones like the US, the
EU, Russia, ASEAN, Japan, China and the Republic of Korea.
The province exported 505 million USD worth of products in 2017, a year-on-year
surge of 36.19 percent and 8.6 percent higher than the set plan. Meanwhile, it
spent more than 413.8 million USD on imports, up 28.8 percent from the previous
year and surpassing the set target by 5.57 percent.
A slew of measures have been deployed to effectively carry out the industrial
development project during 2016-2020 with vision towards 2030 to set up
large-scale production areas.
In July 2017, the provincial People’s Committee issued Plan No.91 on
implementing the industrial development project in 2016-2020 with vision
towards 2025. Accordingly, the province eyes an average growth of 10.5 percent
in added value of the industrial sector and a 15 percent growth in industrial
production value. Meanwhile, it expects that industry and construction will
make up 57.8 percent of its economy.
Infrastructure is key to develop local industry. The province will focus
investment on completing infrastructure in five industrial parks: Luong Son, Da
River Left-Bank, Mong Hoa, Lac Thinh and Yen Quang.
It will invest in developing basic infrastructure in six industrial clusters:
Chieng Chau, Khoang U, Phu Thanh II, Hoa Son, Dong Tam and Dong Lai-Thanh
(HBO) – These days, traders have been coming to grapefruit gardens in Dong Lai commune, Tan Lac district, Hoa Binh province. This year, local farmers have harvested a bumper crop with stable prices.
The national carrier Vietnam Airlines reaped a record high pre-tax profit of over VND2.8 trillion (US$123.2 million) in 2017, beating its annual target by 72% and jumping 8.3% from the previous year, the airline reported on January 10.
(HBO) – This 33 years old farmer was born, grew up and associated with the forest, the valleys and knew clearly every path, cliff and plant here. We are mentioning about Mr. Bui Van Phuong in Sang village of Cao Ram commune, Luong Son district, who made a decision to start up by raising goats. Thanks to his dare to think and do, he got his own success.
(HBO) – In the year of 2017 -2018, Cao Phong oranges continued to be increased in the areas and quantity. According to the statistics of the Department of Agriculture and Rural Development, up to now, in the whole district, there have been 2,835 hectares of citrus plants, mainly oranges, including 1,234 hectares in the business period, the total quantity of the whole harvest is estimated more than 33,000 tons. The areas of planting oranges following Vietgap standards in the district have been increased with 207 households applying the procedure. The total areas reach 305,89 hectares.
(HBO) – We visited the citrus orchard of Le Thi Thanh Tra’s family in Truong Yen village, Yen Mong commune, Hoa Binh city – one of outstanding economic models in the commune. Her orchard has about 120 grapefruit trees of different kinds, all of which are 13-14 years old. At this time, her grapefruit orchard is ripening, with all trees laden with fruits.
(HBO) – In 2017, Hoa Binh city paid attention to developing industries which had advantages in materials and market. It also created optimal conditions to draw more investment in the locality, especially in industrial parks on the left bank of Da River.